According to a new market research report published by Global Insight Services ” Eyewear Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The eyewear market include not only prescription spectacles but also contact lenses, sunglasses, and other related products. Some of the most popular types of eyewear technology:
- Anti-reflective coatings: These coatings help to reduce the amount of light that is reflected off of your lenses, making it easier to see.
- Photochromic lenses: These lenses darken in the presence of UV light, making them ideal for use in bright conditions.
- Polarized lenses: These lenses reduce glare from reflective surfaces, making them ideal for use while driving or during outdoor activities.
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Key Players
- Luxottica
- Essilor
- Safilo
- De Rigo
- Fielmann
- Hoya
- Kering
- Marcolin
Key Trends
The eyewear market has seen a number of key trends in recent years, including the rise of smart glasses, the growth of the prescription sunglasses market, and the increasing popularity of contact lenses.
Smart glasses are a relatively new category of eyewear that combines the functionality of a computer with the style of a traditional pair of glasses. These devices are still in their early stages of development, but they have the potential to revolutionize the way we interact with technology.
Key Drivers
The eyewear market is driven by a number of factors, including fashion trends, technological advances, and the needs of different segments of the population.
Fashion trends are a major driver of the eyewear market. In recent years, there has been a shift away from traditional eyewear styles and toward more fashionable options. This has been driven in part by the increasing popularity of online fashion retailers, which have made stylish eyewear more accessible to consumers.
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Market Segments
By Product Type
- Prescription glasses/spectacles
- Sunglasses
- Contact lenses
By Mode of Sale
- Retail stores
- Online stores
By End User
- Men
- Women
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